cover image: 2023 Economic Fact Sheet 42.2 5,023

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2023 Economic Fact Sheet 42.2 5,023

28 Mar 2023

2022 Economic Fact Sheet 2023 Economic Fact Sheet POPULATION HOUSING VALUES Source: York Region Long Term Planning Branch, December 2022 Source: Toronto Real Estate Board Home Price Index, and Statistics Canada Census of Population, 2021 January 2022 and January 2023 250,000 Jan 2022 Jan 2023 225,000 251,200 Single Family Detached $1,917,000 $1,852,800 200,000 175,000 213,926 214,755 215,018 Singl. [...] ft) $17.09 $15.00 42.2 INDUSTRIAL MARKET VALUES Ag 4 Source: CBRE Toronto Industrial Marketview Report, es 25 - 6 Q4 2021 and Q4 2022 Q4 2021 Q4 2022 55% Vacancy Rate (%) 0.5% 0.2% Average Rent ($/sq. [...] ft) $13.75 $18.64 HOUSING MIX* York Region Long Term Planning Branch, December 2022 BUSINESS CLIMATE 55.3% Source: York Region Employment Survey, 2022 Total Private NUMBER OF NUMBER OF Dwellings BUSINESSES:5,023 EMPLOYEES: 81,584 70,643 21.7% BUSINESS PARKS Total Acres Vacant Acres 16.1% BARKER 253 40.5 4.1% BEAVER CREEK 614 24.4 SINGLE-DETACHED SEMI-DETACHED ROW CONDOMINIUMS HOUSES HOUSES HOUSES. [...] Canada Computers Ltd. [...] MINIMUM WAGE RATES Source: Ministry of Labour, Training and Skills Development, October 2022 DEVELOPMENT ACTIVITY Source: City of Richmond Hill, Regulatory Services Division, Minimum Students December 2022 wage $15.50 under $14.60 Construction Values ($million) age 18 Industrial 8.5 67.8 OCCUPATIONS Commercial 5.0 MEDIAN HOURLY WAGE RATE 17.7 Source: Statistics Canada Labour Force Survey estimate,.

Authors

City of Richmond Hill

Pages
2
Published in
Canada